Science, asked by Aparna92, 9 months ago

Benefits of savings are to------------------------ and ------------------------.

Answers

Answered by lakshmimeda71385
0

benefits of savings are to manage our relationship and things etc..........

Answered by mindfulmaisel
1

The benefits of savings are future use and multiplication.  

Explanation:

  • The private and the government banks provide a certain rate of interest. So they have a tendency to get multiplied every year or month.
  • Hence the original amount increases. Similarly the bank can also lend the money to the government for providing various kinds projects.  
  • The money once saved can be used for future forms. This money can be used when actually needed such as in emergency or health issues.

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